Coal Plant Decommissioning Services Revenue Will Total $5.3 Billion From 2013 to 2020

August 6, 2013

Driven by tightening environmental regulations, competition from natural gas plants, and public pressure for cleaner sources of electricity, utilities will retire record numbers of aging coal plants between 2013 and 2020.  The coming wave of retirements offers significant opportunities to the companies that will carry out the decommissioning processes.  According to a new report from Navigant Research, worldwide revenue from coal plant decommissioning services will total $5.3 billion from 2013 to 2020.

“Utilities and other plant owners face a series of complex decisions in retiring aging coal plants,” says Richard Martin, editorial director with Navigant Research.  “Developing a strategic plan, in consultation with a company that has experience in these major plant decommissioning projects, will be a critical element of the process of retiring these facilities and remediating the associated environmental issues.”

Actual demolition of the plant is not likely to be the most costly part of the decommissioning process, according to the report, and the value of the scrap metal from the plant on the open market will, in some cases, fully offset the cost of demolition.  Environmental remediation will be the most expensive phase of many decommissioning projects.  In particular, disposing of coal ash, typically stored in ponds onsite, will present a serious challenge in carrying out decommissioning projects.

The report, “Coal Plant Decommissioning”, examines the market for coal plant decommissioning, taking into account the full range of options for plant owners in deciding the fate of these facilities.  The report includes forecasts for North America and Western Europe for both the number of coal plant retirements and the revenue from coal plant decommissioning, through 2020.  Key players in this market are profiled, and conclusions and recommendations for both plant owners and providers of decommissioning services are provided as well.  An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Richard Martin

+1.303.493.5483

richard.martin@navigant.com

* The information contained in this press release concerning the report, “Coal Plant Decommissioning,” is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Register to Receive Updates

Sign up or login to receive free newsletters, research updates, access to webinars, and other analyst content from Navigant Research.

Research News

Rss
The North American PEV Market Is Expected to Experience 62 Percent Year-over-Year Growth in 2016
While PEV sales have been concentrated on the U.S. West Coast, adoption in Northeastern states…
Read More »
Global Revenue for Energy Efficiency Retrofits in Small and Medium Commercial Buildings is Expected to Reach $36.8 Billion in 2025
Since many large facilities are currently engaged in energy efficient retrofits, small and medium commercial buildings are expected to be the next target • A new report from Navigant Research analyzes the state of the global market for…
Read More »
Leading Automotive Manufacturers Are Competing Hard to be First to Launch Advanced Autonomous Driving Technology
Completely driverless cars are expected by 2025, some of the major manufacturers are closer to production than others • A recent Leaderboard Report from Navigant Research examines the strategy and execution of 18…
Read More »
The North American Smart Meter Market Has Plateaued
Aclara, Itron, and Landis+Gyr are the leading North American smart meter manufacturers • A new report from Navigant Research tracks utility smart meter projects, providing data on…
Read More »
View All News

{"userID":"","pageName":"Coal Plant Decommissioning Services Revenue Will Total $5.3 Billion From 2013 to 2020","path":"\/newsroom\/coal-plant-decommissioning-services-revenue-will-total-5-3-billion-from-2013-to-2020","date":"6\/30\/2016"}